Wall Street is positive on Beauty Health Co (SKIN). On average, analysts give the stock a Hold rating. The average price target is $5.642, which means analysts expect the stock to gain by 102.22% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 4, which is better than 4% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating SKIN a Hold today. Find out what this means to you and get the rest of the rankings on SKIN!
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Beauty Health Co Stock Today?
Beauty Health Co (SKIN) stock is up 8.79% while the S&P 500 has fallen -0.03% as of 10:53 AM on Friday, Dec 1. SKIN is up $0.23 from the previous closing price of $2.56 on volume of 787,957 shares. Over the past year the S&P 500 has risen 12.02% while SKIN has fallen -74.33%. SKIN lost -$0.66 per share the over the last 12 months.
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